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China slaps sanctions on 3 US firms, 10 senior execs over weapons sales to Taiwan

investing.com 10/10/2024 - 09:21 AM

China Imposes Sanctions on U.S. Firms

BEIJING (Reuters) – China's foreign ministry announced on Thursday that it has imposed sanctions on three U.S. military-linked firms and 10 senior executives in response to U.S. weapons sales to Taiwan.

The firms affected include:
– Edge Autonomy Operations LLC
– Huntingdon Ingalls Industries Inc
– Skydio Inc

These sanctions took effect on Thursday and will freeze any property these firms have within China, according to the foreign ministry's statement.




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